#TrumpBTCTreasury
Trump's cryptocurrency platform, known as "World Liberty Financial," was launched in October 2024 by the sons of former U.S. President Donald Trump—Donald Jr., Eric, and Barron—in collaboration with other businesspeople. The platform aims to provide decentralized finance (DeFi) services, such as lending and borrowing using dollar-backed stablecoins, to offer an alternative to traditional banks.
On June 13, 2025, Trump Media Technology Group announced that the U.S. Securities and Exchange Commission (SEC) had approved the registration of the "Bitcoin Treasury Deal," allowing it to raise approximately $2.3 billion through a combination of debt and equity, with participation from about 50 investors. The company plans to add Bitcoin to its balance sheet alongside $759 million in cash and short-term investments.
In another move, Trump launched a new cryptocurrency called "$TRUMP" on January 17, 2025, which is a meme coin built on the Solana network. 200 million units of it were issued, while Trump and his companies hold another 800 million units. Hours after its launch, its market value reached approximately $5.5 billion, sparking widespread controversy over potential conflicts of interest.
